Condo Q&A

Virginia condo owner curious about Condo Association rental laws

Written by stephen polinsky | Mon, Feb 2, 2015 @ 01:00 PM

I live in a Virginia Condo Association, and have a question regarding rental properties.

Is there a standard or recommendation for a ‘healthy’ percentage of rental units for Condo Associations?  Is it legal to pass an amendment to the Bylaws that would cap the number of rental units allowed for a particular Condo Association if there was no cap in the original Bylaws?